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Mike Moroney (not verified) says:
Bear Stearns engaged in imprudent financial practices and self destructed. Its employees and stockholders have been convicted in the marketplace and given capital punishment. Individuals who profited from specific crimes are subject to the criminal justice system. The NYS criminal justice system is an inadequate vehicle for pursuit of what are generlly complex frauds and federal crimes.
Like most leftists, Joe rewrites history. FDR flayed about with spastic programs to fight the Great Depression for many years. While Herbert Hoover was in office when things collapsed, his management of the Depression was at least as good as FDRs. Hoover is castigated for doing nothing, so he did not care about the people, it follows. FDR tried everything and failed so he is credited with caring about the people!
President Bush assumed office at a time that the economy had slowed considerably. The 9/11 attack took a trillion dollars out of our economy. President Bush took specific actions including two major tax cuts. The economy roared back and we had the longest period in history of job growth and economic growth which now has slowed. President Bush immediately sought and obtained a stimulus package from congress. yet president Bush is reviled by the left when his actions actually - unlike FDRs - have worked. yesteday the labor Department reported that incomes actaully increased in January and unemployment claims dropped. But Joe, true to his leftist bones, will decry capitalism and any Republican president and repeat the lie about FDR.
Bear Stearns engaged in imprudent financial practices and self destructed. Its employees and stockholders have been convicted in the marketplace and given capital punishment. Individuals who profited from specific crimes are subject to the criminal justice system. The NYS criminal justice system is an inadequate vehicle for pursuit of what are generlly complex frauds and federal crimes.
Like most leftists, Joe rewrites history. FDR flayed about with spastic programs to fight the Great Depression for many years. While Herbert Hoover was in office when things collapsed, his management of the Depression was at least as good as FDRs. Hoover is castigated for doing nothing, so he did not care about the people, it follows. FDR tried everything and failed so he is credited with caring about the people!
President Bush assumed office at a time that the economy had slowed considerably. The 9/11 attack took a trillion dollars out of our economy. President Bush took specific actions including two major tax cuts. The economy roared back and we had the longest period in history of job growth and economic growth which now has slowed. President Bush immediately sought and obtained a stimulus package from congress. yet president Bush is reviled by the left when his actions actually - unlike FDRs - have worked. yesteday the labor Department reported that incomes actaully increased in January and unemployment claims dropped. But Joe, true to his leftist bones, will decry capitalism and any Republican president and repeat the lie about FDR.